Northern Territory Consolidated Acts

PETROLEUM (SUBMERGED LANDS) ACT - SECT 137AC

For section 8(1)(k) of the Personal Property Securities Act 2009 (Cth), each of the following is not personal property for that Act:

        (a)     an access authority;

        (b)     a permit;

        (c)     a lease;

        (d)     a licence;

        (e)     a pipeline licence;

        (f)     an interest in an authority, permit, lease or licence mentioned in paragraph (a), (b), (c), (d) or (e).

Note for section 137AC

A law of the Commonwealth, a State or a Territory may declare a right, licence or authority granted by or under that law not to be personal property for the Personal Property Securities Act 2009 (Cth).